Island & Resort Commercial Property

Malaysian conglomerate Mulpha Group is investing more than $100 million reinventing its posh Whitsundays resort which is to be rebranded Hayman Island, by InterContinental after the British and American listed hotelier signed a long term management agreement.

A stunning private Bahamas island with the potential to become one of the world’s most exclusive retreats is on the market, with a price tag of more than $114 million.

Resort operators are being offered the chance to run not one, but three luxury resorts on the newly redeveloped Lindeman Island in Queensland’s Whitsundays.

Work has begun on the first new tourist accommodation on Rottnest Island off Fremantle in Western Australia in more than 30 years. 

The Shanghai-based owners of Queensland’s Daydream Island Resort and Spa have been forced to double the renovation costs of their beleaguered resort to $100 million, following substantial damage caused by Tropical Cyclone Debbie last year.

With summer still in full swing, there could be no better time to consider an island as your next lifestyle change or property investment.

Posh Whitsundays Island Hayman is set to be rebranded an InterContinental Resort after its previous manager and operator, the Kerzner Group’s high-profile One&Only Group, cut ties with the island’s owner.

A prime stretch of coastal land on the southeast coast of Kangaroo Island is likely to be incorporated into a planned international-standard golf course development.

Businessman Peter Bond, founder of the failed Linc Energy group, has let the sublease on the Dunk Island Spit lapse but says he is re-tendering for the strategic site and has recommitted to opening a resort on the island off Queensland’s Mission Beach.